5 Year Fixed Saver (open via app only) - Atom Bank

5 Year Fixed Saver (open via app only)

Atom Bank
2.4 % AER
Headline Interest Rate
Fixed
For 60 months
FSCS
Compensation Scheme
£ 50 min initial deposit
£ 100,000 max balance
  • Open By:
High interest rate
Account must be opened via app

About the account

Account Type: Fixed Term
Headline Interest Rate: 2.4 % AER
Headline Interest Balance: £ 50
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 50
Date account was introduced: 15 Jun 2017

This account may be appropriate for you if

  • You are happy not withdrawing funds before the end of the term
  • You are over 18 years of age

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£502.40%2.40%2.40%

Account access

Open account byManage account by
Bank
Post
Phone
Internet
Interest Payment Option
Interest Added to Account
Interest Paid to Other A/c
Interest Paid to Bank A/c
Interest Paid by Cheque
Interest Payment Frequency: annually, monthly
Minimum Balance: £ 50
Maximum Balance: £ 100,000
Statement Frequency: on-line
Additional Deposits: Allowed
Standing Orders: Not allowed

Withdrawals

Withdrawal Conditions: No withdrawals or closure permitted during the term of the account.
Notice and Penalty Charge: There are no withdrawal conditions.
Free Withdrawal Conditions: No withdrawals permitted during the term of the account.
Transferred on Maturity: Customers will be contacted prior to maturity with available options. If no options are received then on maturity funds will be transferred into a Instant Access holding account.

Conditions

Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

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